Inflation Japan 1994

Average inflation: 0.7%

Current Inflation

Inflation is very low at 0.7%, well below the ECB target.

Peak and Trough

The highest inflation was in March at 1.3%. The lowest inflation was in July at -0.2%.

Highest month
March: 1.3%
Lowest month
July: -0.2%
Difference
1.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 3.3%. The lowest price increase was in Communication with an average of -3.1%.

Highest increase
Education: 3.3%
Lowest increase
Communication: -3.1%

Historical Context

Current inflation is 1.3% lower than the 5-year average of 2.0%.

5-year average
2%
10-year average
1.6%
All-time high (1975)
11.9%
All-time low (1987)
0.1%

Trend

Inflation has remained relatively stable. Compared to 1993, the difference is minimal (-0.6 percentage point).

Change vs. previous year
-0.6 percentage points
Largest monthly swing
July: -2.1 percentage points

ECB Target

Inflation is 1.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Inflation by category

Food and non-alcoholic beverages
0.7%
-0.0vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.7%
+1.0vs avg.
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Clothing and footwear
-1.2%
-1.9vs avg.
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Housing, water, electricity, gas and other fuels
1.7%
+1.0vs avg.
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Furnishings, household equipment and maintenance
-2.2%
-2.9vs avg.
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Health
0.2%
-0.5vs avg.
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Transport
-0.5%
-1.2vs avg.
More details →
Communication
-3.1%
-3.8vs avg.
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Recreation and culture
1.3%
+0.6vs avg.
More details →
Education
3.3%
+2.6vs avg.
More details →
Restaurants and hotels
1.0%
+0.3vs avg.
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Miscellaneous goods and services
1.3%
+0.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1993
January 1.2% -0.1
February 1.1% -0.3
March 1.3% +0.1
April 0.8% -0.1
May 0.8% -0.1
June 0.6% -0.3
July -0.2% -2.1
August 0.0% -1.9
September 0.2% -1.3
October 0.7% -0.6
November 1.0% +0.1
December 0.7% -0.3
Average 0.7%

Data source

Data from OECD. Last updated: 13/01/2026.

See also